Church Parade, Church Road, Ashford TW15

  Ref 024610    

Church Parade, Church Road, Ashford TW15

Ref 024610

  • £300,000  

    Sold

    £300,000  

    Sold

    • Description

    Comprising a shop and upper part which is let on an overriding lease. The ground floor shop is trading as unisex hairdressers which is fully fitted and trading well. The upper part comprises a flat arranged over 2 floors comprising 2 double bedrooms, kitchen, lounge and bathroom. The flat is accessed via Fir Tree Place where there is a side stair well leading to a balcony access for first and second floors. The flat is particularly spacious .

    Gallery

    Area

    581 sq ft (54 sqm)

    Lease Details

    Held on exiting lease for a term of 15 years from the 1st September 2011 with 3 years remaining. The lease is held inside the Landlord and Tenant Act 1954 at a passing rent of £25,500 pa with a fixed uplift to £26,000 on the 25th June 2023 until lease expiry.

    Terms

    £300,000 Is sought for the freehold interest subject to the current lease which equates to 8.39% net yield.

    Location

    Situated in an excellent position on Church Road, Ashford surrounded by numerous retailers and restaurants and within walking distance of Ashford railway station and 3 miles from the M25 junction where it meets the A30.

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    Sold

    £300,000